It was a mixed close for the markets with the Dow adding 8 points to 20,957 while Nasdaq fell 22 points to 6,072 as investors continued to digest earnings news.
On the upside
Myriad Genetics (Nasdaq: MYGN) reported better than expected results for the third quarter.
The Wall Street Journal reported that New Mountain Capital was engaged in advanced discussions to acquire VWR (Nasdaq: VWR).
Intersect ENT (Nasdaq: XENT) narrowed first quarter losses more than expected.
On the downside
Third quarter earnings for Lannett (NYSE: LCI) missed expectations.
Akamai Technologies (Nasdaq: AKAM) reported higher first quarter earnings and revenue but the cloud services provider forecast current quarter results below estimates.
Sprint (NYSE: S) disappointed with a greater than expected loss for the fourth quarter.
The broader S&P 500 index lost 3 points to 2,388. Bitcoin soared $41 to $1449.
